Michelin's H1 revenue slips 2.6% YOY to €12.7B
The French tiremaker has reported improved first-half profit despite a challenging business environment
Michelin delivered a strong financial performance in the first half of 2026 despite operating in a difficult economic environment characterized by adverse currency impacts and continued weakness in original equipment (OE) markets. The France-based tiremaker generated revenue of €12.7 billion. While reported sales declined by 2.6%, revenue increased by 0.5% on a constant currency basis.
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